Last post on Mar 21, 2012 at 10:47 AM
You are in the Automotive News & Views-Archives
What is this discussion about?
#340 of 369 My holdings at risk are:
May 14, 2007 (9:55 am)
...Two Grand Cherokees and a Concorde; 2007, 2004, 1996. I'm hopeful for the future.
May 14, 2007 (10:02 am)
Those new Wranglers must be flying off the lots, I see more and more of them everywhere I go. And they ain't cheap by anymeans... Even the Compass appears to be selling well. As is the Dodge Nitro and new Sebring. So there are a few brightspots in the Chrysler lineup.
I'm rooting for them here.
#342 of 369 Re: Chrysler style [circlew]
May 14, 2007 (2:39 pm)
The point is that if they actually were built with exceptional materials and quality that is bulletproof not the crappy product you get today, then sales would be hard to stop.
Oh, they'd stop alright - because the price-points would put them in the luxury category, out of reach of their intended victims, er, I mean customers.....
Ford saw this with the Jaguar S-Type/Lincoln LS fraternal twins - the quality of the stuff in the Lincoln was Jaguar, but they couldn't sell them at the price they needed to, because they were Lincolns, and not all that good looking either.
#343 of 369 Re: Chrysler style [nvbanker]
May 15, 2007 (4:23 am)
I hear you. I had an '03 LS great car and not do good looking. And residual dropped like the value of Chrysler Corp.!
That is the issue with the US. Out side of the late '60's and some here and there nice looking models, the seeds were sown for the results we see today.
There is no soul in Detroit anymore!
#344 of 369 Re: . [anythngbutgm]
May 15, 2007 (7:11 am)
Not so fast....
Take this car company, please
"The sale of Chrysler will be a wrenching but much-needed step for the U.S. auto industry," says Jim Ostroff in Kiplinger.com. Chrysler, General Motors, and Ford need to slash the cost of their unionized work forces to "compete with foreign brands," and Cerberus will be a "catalyst for change." If the United Auto Workers refuse to "scrap" costly health-care and pension benefits, Cerberus "will simply walk away, leaving Chrysler's future in grave doubt."
The official line is that Cerberus is paying $7.4 billion for 80 percent of Chrysler, says Allan Sloan in The Washington Post (free registration required), but hardly any of the money is going to DaimlerChrysler. In fact, Daimler is pumping so much money back into the struggling U.S. automaker that it is essentially paying Cerberus to "cart Chrysler away" like "an old junker." Daimler paid $36 billion to buy Chrysler in 1998, but that turned out to be one of the all-time "deals from hell."
I would continue to say away from Chrysler for now...
May 15, 2007 (7:27 am)
is a smokescreen. Of that money, most goes to Chrysler rather than Daimler. Between the money promised to Chrysler by Daimler and Cerberus for various financial obligations and future product development, Daimler is actually paying Cerberus more than $600 million to take Chrysler off their hands. Read the press release. And good riddance to bad rubbish is what they're saying back in Germany. Their shareholders over there have been screaming bloody murder for well over a year about the "Chrysler division".
I notice Dodge is now running this fairly pathetic TV ad promoting their fuel economy? Really? Fuel economy at Dodge? Apparently the 28 mpg rating of the Charger V-6 and the 32 mpg of the Caliber is worth celebrating. Not in my book...in fact it perfectly highlights one of the reasons Dodge and Chrysler are in a bad slump, no fuel-efficient models.
#346 of 369 I suspect you will find...
May 15, 2007 (6:56 pm)
Cerberus is not a pack of fools. Look forward to seeing Chrysler leading a dying American industry into the path of sustaining health.
#347 of 369 Re: I suspect you will find... [wtd44]
May 18, 2007 (1:52 pm)
I agree, and Cerberus is all about profit - they don't give a rip about making cars - so I expect to see Jeep sold off for some good bucks, and some of the other non-car Chrysler divisions, like Thomas Built School Busses, etc., and what is left of Chrysler, Dodge will be absorbed by some other car firm in the world who wants a dealer network and some of the plants or technology.
Chrysler is on a respirator AGAIN!! Ford is in intensive care, but change is happening. What will be the end result of Ford remains to be seen.
GM is "reputedly" back on track. However, I think that's a smoke screen. There is no way you can turn that Elephant back up on its feet overnight.
#348 of 369 Re: Toyota now no. 1?... [oldguy70]
Sep 28, 2007 (6:30 am)
Might be in profit made but I won't buy another ugly, over priced, over hyped Toyota.
My next new vehicle will either be a T&C, Grand Caravan, or Odyssey.